[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

[@credealjunkie](/creator/twitter/credealjunkie)
"Who knew that staging companies would be the first real estate business segment to be entirely replaced by AI. Virtual staging is a game changer"  
[X Link](https://x.com/credealjunkie/status/1970324100766933433) [@credealjunkie](/creator/x/credealjunkie) 2025-09-23T03:07Z 6047 followers, 307.7K engagements


"Why do banks like Chase even exist anymore I just spent XX hrs and a dozen calls with the Chase fraud dept to send a $290k wire. Then in XX minutes with an email phone call and authentication app I sent $1MM with a boutique bank. Too big to fail How about too big to exist"  
[X Link](https://x.com/credealjunkie/status/1971309141009584206) [@credealjunkie](/creator/x/credealjunkie) 2025-09-25T20:21Z 6044 followers, 49.6K engagements


"I just recorded an hour long Loom video of me underwriting a new SF multifamily deal start to finish. Should I post it here (I'm not going to post it here and no I won't send it to you if you like this post share it or send me a DM with the words "DEAL)"  
[X Link](https://x.com/credealjunkie/status/1977952028929171820) [@credealjunkie](/creator/x/credealjunkie) 2025-10-14T04:18Z 6050 followers, 5526 engagements


"Good thing they killed AirBnB in NYC low rents and low hotel rates"  
[X Link](https://x.com/credealjunkie/status/1978080089087660159) [@credealjunkie](/creator/x/credealjunkie) 2025-10-14T12:46Z 6048 followers, 15.4K engagements


"@rohindhar Interesting because we have seen some of the biggest rent growth markets in the west (Richmond for example) even though the most North (Marina etc) are also on fire"  
[X Link](https://x.com/credealjunkie/status/1978851396658008285) [@credealjunkie](/creator/x/credealjunkie) 2025-10-16T15:51Z 6052 followers, XXX engagements


"Just once Id like someone who calls me a parasite or rentier for being a landlord to suggest a viable alternative. Like how else can a society provide housing Because the moment you ask who should pay for the new roof they just double down on name calling"  
[X Link](https://x.com/credealjunkie/status/1979164735720280166) [@credealjunkie](/creator/x/credealjunkie) 2025-10-17T12:36Z 6047 followers, 25.9K engagements


"If I told you 1925 rent control apartment buildings in San Francisco had dramatically lower operating costs than their 2025 built equivalents would you believe me"  
[X Link](https://x.com/credealjunkie/status/1979692105003139480) [@credealjunkie](/creator/x/credealjunkie) 2025-10-18T23:32Z 6036 followers, 12.2K engagements


"People ask me "how's underwriting rent control multifamily different than market rate" There's really just one huge difference: Loss to Lease (LTL). In market rate LTL is a proxy for how lazy/inept the seller is - its the free lunch. But in Rent Control it's everything.👇 Imagine a disastrous rent roll that looks like this - every tenant way below market long-term tenancies missing leases holdover tenants etc. How would you underwrite this How many units do you expect to turn There's really no way to model this and hence why a building like this is really not for a GP/sponsor/OPM. But most"  
[X Link](https://x.com/credealjunkie/status/1979935054932377961) [@credealjunkie](/creator/x/credealjunkie) 2025-10-19T15:37Z 6047 followers, 3395 engagements


"@JohnGonzalesLA1 Allocable rent increases have tracked inflation (60% of - so yes arguably too low). We have always had vacancy decontrol - they've threatened adding it but this far cooler heads have prevailed. And yeah - this is an extreme example of absentee management"  
[X Link](https://x.com/credealjunkie/status/1979961761764725038) [@credealjunkie](/creator/x/credealjunkie) 2025-10-19T17:24Z 6045 followers, 1011 engagements


"@grok @bgdbythesea Sorry @grok got this one wrong"  
[X Link](https://x.com/credealjunkie/status/1979962354482774254) [@credealjunkie](/creator/x/credealjunkie) 2025-10-19T17:26Z 6045 followers, XX engagements


"Imagine moving to San Francisco from New York and hearing people say that apartments in San Francisco are expensive"  
[X Link](https://x.com/credealjunkie/status/1979990986991272190) [@credealjunkie](/creator/x/credealjunkie) 2025-10-19T19:20Z 6045 followers, XXX engagements


"If this was your bible for the best two week trip of your life you were in Costa Rica before it was cool"  
[X Link](https://x.com/credealjunkie/status/1978862009559961893) [@credealjunkie](/creator/x/credealjunkie) 2025-10-16T16:34Z 6051 followers, 1026 engagements


"Theyre building rocket engines in San Francisco. Not designing building"  
[X Link](https://x.com/credealjunkie/status/1980369169154732546) [@credealjunkie](/creator/x/credealjunkie) 2025-10-20T20:22Z 6051 followers, 2303 engagements


"@JohnGonzalesLA1 Right"  
[X Link](https://x.com/credealjunkie/status/1981051469936603275) [@credealjunkie](/creator/x/credealjunkie) 2025-10-22T17:34Z 6051 followers, XX engagements


"@chernobelskiy Now do rent control San Francisco multifamily"  
[X Link](https://x.com/credealjunkie/status/1980488244442849597) [@credealjunkie](/creator/x/credealjunkie) 2025-10-21T04:16Z 6052 followers, XXX engagements


"My favorite kind of seller: The broker I hired to sell my $3mm apartment building suggested I spend $3000 to replace some recalled breaker boxes that make it impossible to insure or finance my property. A simple disclosure seems like the right move here"  
[X Link](https://x.com/credealjunkie/status/1980620322995872054) [@credealjunkie](/creator/x/credealjunkie) 2025-10-21T13:00Z 6052 followers, 2078 engagements


"In 2008 I moved from NYC to San Francisco to start investing in real estate. My partners and my combined track record was zero. I shared a 1BR apt in Nob Hill with my brother - I slept in the closet to save money. Just went into contract on that building. What a ride"  
[X Link](https://x.com/credealjunkie/status/1980427792513929502) [@credealjunkie](/creator/x/credealjunkie) 2025-10-21T00:15Z 6053 followers, 17.3K engagements


"A real estate investor friend asked me how I think AI will impact the Silicon Valley CRE market. Not the tech itself - the layoffs. At first I thought he was being alarmist. Then he sent me this text. Is this AI or a recession"  
[X Link](https://x.com/credealjunkie/status/1981158106773221810) [@credealjunkie](/creator/x/credealjunkie) 2025-10-23T00:37Z 6053 followers, 1234 engagements


"If you support rent control and walked into this building you might change your position. This is the worst rent roll Ive ever seen and its not even close"  
[X Link](https://x.com/credealjunkie/status/1979734780146274475) [@credealjunkie](/creator/x/credealjunkie) 2025-10-19T02:22Z 6053 followers, 229.9K engagements


"Something I didn't appreciate enough early in my career: Exit liquidity. Not exit cap exit liquidity. Exit cap is a made up number that backs you into the IRR that capital says you need to hit. Exit liquidity is whether a buyer will ever pay you a price you'd be happy with"  
[X Link](https://x.com/credealjunkie/status/1981067590882447630) [@credealjunkie](/creator/x/credealjunkie) 2025-10-22T18:38Z 6053 followers, 1602 engagements


"Still can't believe that there were people renting 1000sqft apartments in the Marina for $2500 in 2021 and people were like "San Francisco is dead.""  
[X Link](https://x.com/credealjunkie/status/1981205658998546825) [@credealjunkie](/creator/x/credealjunkie) 2025-10-23T03:46Z 6053 followers, XXX engagements


"This is your typical bathroom in San Francisco's most expensive rental neighborhood. (its usually pink though)"  
[X Link](https://x.com/credealjunkie/status/1981206524794908877) [@credealjunkie](/creator/x/credealjunkie) 2025-10-23T03:50Z 6053 followers, XXX engagements


"Underwriting sub-institutional multifamily be like: Can you send me the T12 The T12"  
[X Link](https://x.com/credealjunkie/status/1980274372578300305) [@credealjunkie](/creator/x/credealjunkie) 2025-10-20T14:06Z 6052 followers, 33K engagements


"If you could buy a 4cap in San Francisco's best apartment rental neighborhood on 2022 rents would you"  
[X Link](https://x.com/credealjunkie/status/1981213060162605534) [@credealjunkie](/creator/x/credealjunkie) 2025-10-23T04:16Z 6053 followers, XXX engagements


"The most hated profession is:"  
[X Link](https://x.com/credealjunkie/status/1980843277231485362) [@credealjunkie](/creator/x/credealjunkie) 2025-10-22T03:46Z 6052 followers, XXX engagements


"Am underwriting a 4-cap (ish) in San Francisco's highest rent apartment market. Which is crazy on the surface - why am I wasting my time Crazier It's the most interesting deal I've seen in months"  
[X Link](https://x.com/credealjunkie/status/1981214017856172059) [@credealjunkie](/creator/x/credealjunkie) 2025-10-23T04:20Z 6053 followers, XXX engagements


"Its hard to convey just how crazy the boom-and-bust San Francisco multifamily market has been in the past XX years. Heres the abbreviated history: 2004-2007: Subprime boom Lembi family becomes biggest landlord buying everything with high leverage Wall Street debt. 2008-9: total collapse Lembi blows up pukes hundreds of properties onto the market. 10-20 property portfolios come out ever month for like a year straight. Rents plummet but SF economy is kind of OK with Web XXX still in full swing. 2010-12: frantic distressed buying amazing deals to be had but capital scarce. Bidding wars became"  
[X Link](https://x.com/credealjunkie/status/1979541387205865853) [@credealjunkie](/creator/x/credealjunkie) 2025-10-18T13:33Z 6053 followers, 43.8K engagements


"SF Biz Times reporting that East Bay based CuraeSoft is buying 1161 Mission a 65000 office building on Mission between 7th and 8th Street. Because "the vibe is back." My only question is whether they've visited that particularly gnarly stretch of Mission in the past X years"  
[X Link](https://x.com/credealjunkie/status/1980686887552709020) [@credealjunkie](/creator/x/credealjunkie) 2025-10-21T17:25Z 6053 followers, 1101 engagements


"@JohnGonzalesLA1 The only fans i actively think about and dislike are eagles fans (stemming from a rough patch for the 49ers which coincided with my time in NYC where the niners and eagles shared a sports bar). And with the exception of the Lakers Id also generally go with CA"  
[X Link](https://x.com/credealjunkie/status/1981064891684532555) [@credealjunkie](/creator/x/credealjunkie) 2025-10-22T18:27Z 6052 followers, XX engagements


"You're forced to buy an apartment building in the Marina. Do you go for: - Above market cap rate nose bleed basis - Offensively low cap rate generational basis (holding location constant)"  
[X Link](https://x.com/credealjunkie/status/1981221470081544701) [@credealjunkie](/creator/x/credealjunkie) 2025-10-23T04:49Z 6053 followers, XXX engagements